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DAX set to open lower this morning

Yesterday all the major European stock markets closed higher. The gains were led by the FTSE 100, with a rise of 0.59%. The CAC closed 0.55% higher and the DAX managed to close just 0.13% to the better. Despite edging above 18,500 a few times yesterday, as suspected the DAX met with resistance around that level and later failed to close above it. The DAX closed at 18,496, with a gain of just 23 points on the day. The index is set to open slightly below that close this morning, currently at around 18,475. 
 

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